on dave ramsey today saw a kid age 16 who was making 50,000 a month through ecommerice. dont know what that is but he said he has 3 online companies. seems outrages but can you imagine. his mother doesnt know about it has a paypal account. he said it started out slow. i know people make alot through facebook and amazon. This could end unemployment. well have to go try to make my 60 cent survey.He was not trying to sell anything i bet there are alot of phony sites.
I do not believe it. E-commerce is just an online company. At 16 you cannot have a bank account in your name without a parent or guardian being on it as well. IF he was making $50,000 a month which is $600,000 a year (over half a million dollars) he would also have to file income taxes. Not sure how that would work because again he is only 16. A 16 year old cannot own a real business. Nothing about this spells truth.